The city shall be entitled to and does hereby reserve unto itself to the fullest extent possible the power to regulate or otherwise control to the benefit of its citizens the lowest reasonable cable television subscriber rates that may be permitted by the regulations promulgated by the Federal Communications Commission or its successor agency. Such regulation of rates shall be as expressly provided by federal or State of Illinois laws, rules or regulations. The company agrees that it will be bound under the terms of this agreement to those rates which may be fairly determined by the FCC to be just and reasonable.
(Ord. 1416, passed 5-25-1993)